The Ministry of Electronics and Information Technology (MeitY) and Google India have come together to boost the security of India's fast growing digital payments ecosystem at a time when data breaches and fraudulent transactions are becoming more commonplace in the country.
The partnership will support the formation of a 'Digital Payments Security Alliance' in collaboration with the Data Security Council of India (DSCI) that will include stakeholders such as banks, FinTech companies and the government. It will look to create awareness of the best security practices for mobile and digital payments in the country.
"We are delighted to support Honourable PM Modi's